@JamesGRickards@spomboy How can this "brick" currency be liquid enough if no country uses it as a national currency?
Say India buys Russian oil and pays with brick.. how does Russia exchange it for rubles?
@Fame21Moore@attorneyjeremy1 why do you think xrp is sourced from Ripple when using odl?
Isn't it programmatically sourced via liquidity hub i.e exchanges and not necessarily from Ripple?
@digitalassetbuy@Ripple@TimDraper@JohnEDeaton1 They keep comparing trading xrp on a crypto exchange to apple stock on Robinhood. Everything on a stock exchange is a security since they are regulated. Therefore, the user doesn't even need to know what the Apple stock is๐คฆโโ๏ธ
@ClubCent @sentosumosaba@AlexDamsker@JohnEDeaton1@attorneyjeremy1 they have been ambiguous about that. They may have claimed it, but they mainly sued Ripple for violation of section 5. Therefor some lawyers on Twitter feared the judge would leave secondary sales out of SJ altogether and leave xrp in a limbo.
https://t.co/sAIYql59So
Finally, the SEC might have a problem getting at the secondary market sales part of the argument on appeal (which is really the problematic part for it) because of how the Judge couched her ruling but I haven't solidified my thinking on that so I will stop here...
Sorry so long!
@carsairs@sentosumosaba@AlexDamsker@JohnEDeaton1@attorneyjeremy1 they have been ambiguous about that. They may have claimed it, but they mainly sued Ripple for violation of section 5. Therefor some lawyers on Twitter feared the judge would leave secondary sales out of SJ altogether and leave xrp in a limbo.
https://t.co/sAIYql59So
Finally, the SEC might have a problem getting at the secondary market sales part of the argument on appeal (which is really the problematic part for it) because of how the Judge couched her ruling but I haven't solidified my thinking on that so I will stop here...
Sorry so long!
@sentosumosaba@AlexDamsker@JohnEDeaton1 isn't the Apple stock comparison (about not knowing the seller) a bit off?
Since it is on a stock exchange, it is already known that it is a security, since stock exchanges only list securities?
@DavidSacks is there a link to this?
โAnyway, he will screw everyone over", is how one of Zelenskyy's close associates summed up the essence of Johnson's visit.โ